CMGI What is the latest news on this stock? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : CMGI What is the latest news on this stock?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Richard Tauber who wrote (6722)	4/5/1999 4:29:00 PM
From: Rene Madsen	Read Replies (5) of 19700

I can't belive my luck (lack of) in CMGI. After having seen the stock consistently gap up every morning during the last week or so, just to give it all away during the day, I decided to sell this morning @ 191, with the intention of buying back lower later today. Of course exactly today of all days it decided to go upwards. Got on the train again at 195. Watch the action through most of the day until wife said it was time to hit a restaurant for some food. This was around 1pm trading time (7pm here in Europe). The stock, at that time trading around 205-207 and had been trading a bit wobbly for a while, so I put in a stop loss at 204 1/2. The rest is history. Got home from restaurant, saw it was 216, though "hey great"... checked my broker .. bummer. Major bummer. I'd been stopped out at 104 1/2. For 3 weeks I have been sitting minute by minute watching this stock not getting anywhere, and exactly today it decides to go berserk. Waving goodbye to $10K. Perhaps I should just give my money to a broker instead of trying to outsmart the market myself.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next